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Thursday, 7 July 2016

Post Brexit Britain - All Change

New models of capitalism or just simply the reversing of corrupt crony capitalism is the prospect from the British people voting to leave the European Union, known as "Brexit".

In Europe there will be a major national bankruptcy. Fund Portfolio Management principal Kristian Siva is joining #IMF and #BIS (Bank of International Settlements) in predicting a crash this year, perhaps October (Italian geopolitics catalyst via elections). The magnitude or severity of downward asset plunge is dependent on the geopolitics step-changes that occurs this year. To be sure #Brexit artifice or consent-manufacturing democratics was a significant sea-change; reverberations of which are taking place in the geopolitical spheres (election of Trump; proxy alliances in the war in Syria etc) , and mutedly so in Pavalovian-dogs' (psychology of classical conditioning) operated capital markets.

Financial market chiefs dislike financial history, but as a reminder: not unlike "PIIGs"-insolvency consequences of the 2007-08 financial crisis, which morphed into Greece and #Grexit demands in 2011, Brexit has ACTUALLY come about on June 23rd, 2016. Ultimately we believe this augurs the demise of the Euro currency via the European Union existentialism question, which has been enduring in economic consciousness pervasively. Yet other geopolitical machinations exist to disrupt and reprice capital assets; assets which are relevantly NOT owned by the 99%. Though in an indirect way long-term savers e.g. pension-savers, and capital investors in stocks and bonds, will see some modest loss of wealth. We believe stock or equity market assets to be impacted by multitudinous debt writedown...